News



Brunswick loses $10 million

A lengthy strike at the Brunswick mine continued to decimate Brunswick Mining & Smelting’s (TSE) earnings well into the second quarter. For the three months ended June 31, the lead-zinc producer repor…


High copper values from Cerattepe

The 1991 drilling program by Cominco Resources International (TSE) on its 100% owned Cerattepe property in northeastern Turkey is reportedly increasing the known extent of high-grade copper mineraliza…



Shareholders approve Tenajon merger

Shareholders of Tenajon Resources (VSE) and Royal Scot Resources (VSE) recently approved a proposal to merge the two companies. The amalgamation is still subject to final regulatory and court approval…


Vera Cruz financing cancelled

Junior exploration company Vera Cruz Minerals (VSE) reported in early July that a previously announced brokered private placement with Haywood Securities had been cancelled. The placement was for 400,…



Yukon natives negotiate claims

The Council for Yukon Indians, Na-cho Ny’a’k Dun First Nation, the Yukon government and the federal Department of Indian Affairs and Northern Development recently completed negotiations on the princip…


Gold Funds (July 29, 1991)

BGR Central Net Value $9.63 $5.37 Price $8.38 $5.000 Discount 13.02% 6.9% Value $57,329,720 $84,121,500…


U.S. REPORT (July 29, 1991)

Acting upon the advice of its financial advisers, Fairbanks Gold (VSE) has entered exclusive negotiations with an unnamed major mining company for the purchase of all Fairbanks’ issued shares. Fairban…


Renabie closing looms closer

Mining operations at the Renabie gold mine near Wawa, Ont., will cease permanently as early as Aug. 4 and no later than Sept. 30, says Renabie Gold Mines, a subsidiary of International Corona (TSE). A…


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